2, BIRCHWOOD CLOSE, IFOLD, BILLINGSHURST, RH14 0TW - £700,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BIRCHWOOD CLOSE is a midsized detached house of 199m², built sometime between 2003 and 2006, which could now be worth an estimated £834,624. It was last sold for £700,000 in December 2017, which was around 16% above the average December 2017 detached price in the Chichester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was D.

2 BIRCHWOOD CLOSE Sold Prices

Land registry data shows four sales for 2 BIRCHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 2 BIRCHWOOD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 15 DEC	£700,000	£601,164	16% above HPI
2007 3 AUG	£580,000	£433,730	34% above HPI
2004 2 JUL	£499,995	£356,107	40% above HPI
2002 4 DEC	£530,000	£329,731	61% above HPI

2 BIRCHWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four 2 BIRCHWOOD CLOSE sales between December 2002 and December 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 BIRCHWOOD CLOSE be worth now?

2 BIRCHWOOD CLOSE might now be worth an estimated £834,624.

This is based on house price inflation of 19.2%, between December 2017 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 2 BIRCHWOOD CLOSE of £700,000 on 15th December 2017. For the value to have increased from £700,000 to £834,624 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 BIRCHWOOD CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2017 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BIRCHWOOD CLOSE has not materially changed since December 2017.

How Large is 2 BIRCHWOOD CLOSE?

2 BIRCHWOOD CLOSE is 199m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ifold, and where 2 BIRCHWOOD CLOSE lies on this distribution: 59% of detached houses houses are smaller than 2 BIRCHWOOD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ifold.

2 BIRCHWOOD CLOSE: Plot and Title Map

2 BIRCHWOOD CLOSE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 2 BIRCHWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 BIRCHWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 BIRCHWOOD CLOSE?

2 BIRCHWOOD CLOSE is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 2 on BIRCHWOOD CLOSE.